sharing in governance of extractive industries

All Blog Posts Tagged 'Revenue' (17)

A Tale of the ‘Bulldozer’, Thorn-ton & the Subterfuge

Tanzanians have heard it all. The world has not heard the last of it. Uncle Magufuli and his team were all teeth out yesterday when a certain Thornton jetted-in and broke the news that there is bucks for take at the tune of US $300 million. This comes when the US $190 Billion tax…


Added by AfrikaYetu on October 31, 2017 at 11:19 — 1 Comment

Ghana’s New Petroleum (E& P) Act is Progressive Panelists Proclaim

Panelists at a day’s forum to evaluate the just passed Ghana’s Petroleum (Exploration & Production) Act  has largely described the law as Progressive that will maximize the needed fiscal dividends that will bring the desired benefits to the people.  But, were quick to add that there were still some few gaps that needed to be refined to make it perfect. Some were debt loading, mis-pricing, and valuation pricing.…


Added by seibik bugri on September 20, 2016 at 13:02 — No Comments

Sharing the Wealth: A Roadmap for Distributing Myanmar's Natural Resource Revenues

Myanmar's central government collects much of the billions of dollars generated by oilgas, …


Added by Andrew Bauer on February 15, 2016 at 13:30 — No Comments

AngloGold Ashanti gives raw deal to Ajopa Community

The proposed Mining Revenue Management framework …


Added by seibik bugri on February 10, 2016 at 19:01 — No Comments

Advice Ghana Government on Oil Price Volatility - Panellists tell PIAC

Dr Kwadwo Asenso, Ministry of Finance,  PIAC Chair, Prof. P. K. Buah-Bassuah and Dr Steve Manteaw

Participants at a-day’s roundtable discussion on falling oil prices and its impact on Ghana Government’s revenue and the national budget have…


Added by seibik bugri on December 22, 2015 at 2:00 — No Comments

Could Natural Resource Revenue Sharing Help Secure Peace in Myanmar?

by Andrew Bauer and Maw Htun Aung  ~  13:32, 27 August 2015

On 8 November, Myanmar will vote for a new government. Much is at stake.

Many …


Added by Andrew Bauer on August 28, 2015 at 16:46 — No Comments

ACEP enhances accountability with a www.ouroilmoney.org site launch


From R-L, The reps from GNPC,  NaNa Aba BoG, Owuso Addo PIAC, Min. of Fin rep, and Dr. Adam ACEP .

Key stakeholders in Ghana’s oil and gas sector say their actions and inaction in the sector has profound consequences on the people of Ghana that they are…


Added by seibik bugri on August 6, 2015 at 19:40 — No Comments

Why Weren't Governments Better Prepared for the Commodity Price Crash?

For interactive data tools, charts and the full article, please visit: http://www.resourcegovernance.org/news/blog/why-werent-governments-better-prepared-commodity-price-crash

by Andrew Bauer, NRGI Senior Economic Analyst, and David Mihalyi, NRGI Economic Analyst

Headlines about resource-rich economies faltering…


Added by Andrew Bauer on July 5, 2015 at 18:27 — No Comments


A Deputy Finance Minister, Hon. Ato Forson has questioned what options are available to Ghanaians around what he termed “the huge talk on government decision to impose a 17.5% Special Petroleum Tax. “ He asked “but what option is available?”. And so for us to have this tax is to make sacrifices to bring down inflation, stabilize the economy for a bright economic outlook. He claimed.

He therefore appealed to Ghanaians to bear with them (Ruling government) in these times as Government… Continue

Added by seibik bugri on November 28, 2014 at 7:31 — No Comments

Ghana's 2015 Budget is Forward Looking but Fails to address Energy Sector, ACEP

The Africa Centre for Energy Policy (ACEP), while applauding  the government of Ghana for its 2015 Budget Policies, “ saying it contains many progressive and forward-looking policies” yet draws government’s attention to very serious challenges facing the country’s Energy Sector. These Challenges when addressed, would greatly enhance Ghana’s Transformation Agenda.

 ACEP says some of the forward-looking…


Added by seibik bugri on November 23, 2014 at 12:30 — No Comments

Ten Extractive Journalists on duty tour to Tanzania

Ten journalists from both the private and state media on Friday embarked on a five-day duty tour to Tanzania. The programme organised by the Institute of Financial and Economic Journalists (IFEJ) is being supported by GIZ Good Financial Governance Programme in Co-operation with the Swiss State Secretariat for Economic Affairs (SECO) issued here.

The tour is a follow up of series of workshops organised by the IFEJ on the extractive industry of which the last…


Added by seibik bugri on October 5, 2014 at 9:30 — 1 Comment

Ghana’s PIAC Severe Financial Challenges Deepens

August 2014 marks exactly one year that I wrote a story on Ghana’s Public Interest and Accountability Committee (PIAC) and the huge difficulties of carrying out its mandate under the heading “Public Interest And Accountability Committee Report Still Born?”, and published on my blog and in Crusading Guide drawing attention to the hydra-headed resources deficit facing PIAC.  Not surprised experts in Civil Societies Organizations (CSOs) in the oil and…


Added by seibik bugri on August 22, 2014 at 20:14 — No Comments

Malawian delegation in Sierra Leone to learn about mining boom

This article was originally posted on …

Added by Rachel Etter-Phoya on August 12, 2013 at 22:19 — No Comments

Malawi's mining stakeholders divided over new report on lost revenue

This post originally appeared on Mining in Malawi.

Mining Revenue

On Friday 21 June 2013, the report …


Added by Rachel Etter-Phoya on July 16, 2013 at 9:30 — 7 Comments

EITI needs to link to the country's political issues and to communicate better to have impact

Last month  - ahead of the EITI Board Meeting - at the EITI offices in Oslo I presented the results of a recent research project into the dissemination and impact of the first EITI report in Peru.

The research was a joint initiative by Revenue…


Added by Graham Gordon on March 19, 2013 at 19:12 — 1 Comment


By Coletta Wanjohi, Uganda

Bank of Uganda's main role is advising the government on all matters pertaining economic policy and de-velopment and this also involves the oil sector. The National Oil and Gas Policy that was approved by cabi-net in 2008 gives Bank of Uganda the mandate to be the manager of the oil revenue. This means that when Uganda's oil starts flowing and it is either exported or sold whatever revenue is realized will be managed largely by the central…


Added by Coletta Nyawira Wanjohi on April 12, 2012 at 9:05 — No Comments


Uganda is in the verge of joining oil producing nations as commercially viable quantities of oil and gas resources have been confirmed in the Lake Albert Rift in the West of the country along the eastern border of the Democratic Republic of Congo (DRC).

This calls for effective, transparent and accountable state structures if the oil and gas resource is to translate into economic development and prosperity. Strong safeguard measures should be put in place to ensure that the oil revenues… Continue

Added by Kasita Ibrahim Emolu on July 13, 2010 at 14:22 — No Comments

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